The 2021 COVID-19 Stimulus Package is an Extreme Reduction in Poverty
Overall poverty set to lower from 13.7% to 8.7%
Today, the United States House of Representatives is set to vote on the third economic stimulus package since the COVID-19 pandemic began one year ago. It’s a vast and comprehensive bill that contains a lot of policy measures to aid our ailing economy and working families who need it most. The bill dubbed The American Rescue Plan already passed in the U.S. Senate after a bitter battle among the Democrats’ progressive wing and moderate wings, with Republicans voting unanimously against it.
I’ll repeat that: Not one Republican voted for the desperately-needed economic aid that Americans have been desperate for as the virus ravaged families, small businesses, schools, and states alike over the past year.
The most obvious element to the bill — the part that’s been discussed the most — has been the $1,400 checks sent to each and every American. These are much needed and should’ve been much more all along, but considering that not a single Republican voted for $1,400, any more seems unlikely in an age of heightened political tensions and extremely polarized parties.
These checks will go to individuals making $75,000 per year and families making less than $150,000 per year and…
